Chapter 2 – Joint venture example 1

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    johnjoe
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    Hi,

    Thanks for the excellent lectures. I was just wondering why the dividend from Saulius is not included in the Consolidated SOCI on example 1 of Chapter 2 (Joint ventures).

    Thanks


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    MikeLittle
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    Dividends fron subsids are excluded from Consol I/S – the profits from which the dividend is paid have been consolidated for the year so to include subsid divs again would be double counting

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